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Hello,
Regarding the Task 2 part A of Pharmacura mock exam for Dec 2025 -In the CPE paltform
Rhe word Re-assuring is there any part of risk management called Re assuring or it is just a generic question which it happened in this scenario of Pharmacura
where we have to Reassure the different categories of shareholders of the possibleloss of revenue and drop inthe share price.and in what way we have to reasure them : I mean possible actions for facing this risk
or what.Thanks.
There is no specific ‘reassure’ term in accountancy so you have to take a common sense approach. However, providing ‘assurance’ and ‘reassure’ have more or less the same meaning. Reassure means restoring lost confidence in some matter, calming fears, helping people get a good night’s sleep.
Assurance is closely defined in auditing, and some aspects of that might be useful in reassuring eg identify the subject matter (eg possible loss of revenue), collect evidence and report to a party (here shareholders).
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